this post was submitted on 08 Apr 2024
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Peoples jobs will always be sacrificed to make that quarterly earnings call sound sweet to investors.
Profits above all.
Even ditching quarterly reporting won't help :/ Should the SEC ditch quarterly reporting?
IMO worker-owned businesses should be the future. There should also be a forced role-switch or shadowing for managers and workers, so that both understand better what each others respective jobs look like. Managers often think they should be earning their money because their work is more important and set the salaries as such: "Without me, you wouldn't know what to do, so my job is more important should be compensated more". They are out of touch with their workers and their realities.
Anti Commercial AI thingy
CC BY-NC-SA 4.0Agreed, the first steps toward fixing this are much deeper.